July 19
Kenya: Shilling Loses Ground Against Major Currencies Amid Demos, Moody's Downgrade
Capital FM
The Kenyan shilling has slipped against various global currencies, coming on the back of ongoing youth-led demonstrations and the country's downgraded rating by global rating… Read more »
July 18
West Africa: Ecowas Calls for Swift Implementation of Single Currency Program
Foroyaa
The Economic Affairs and Agriculture Department of the ECOWAS Commission has called for the expedited implementation of the single currency program. Read more »
Kenya: Shilling Slips Against Major Currencies in the Wake of Gen Z-Led Protests
Capital FM
NAIROBI, Kenya, Jul 18 - The Kenyan shilling has slipped against various major currencies, a development attributed to the ongoing youth-led demonstrations and the country's… Read more »
July 17
Zimbabwe: ZiG 'Crisis' a Recipe for Disaster- - Opposition Raises Worry Over New Currency Scarcity
New Zimbabwe
OPPOSITION Labour Economists and Afrikan Democrats (LEAD) has flagged the scarcity and lack of confidence surrounding the newly introduced Zimbabwe Gold (ZiG) currency. Read more »
Ghana: Fitch Solutions Projects Positive Outlook for Ghana Cedi
Ghanaian Times
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. Read more »
July 12
Sudan: USD Surpasses 2k Sudanese Pound Mark in Parallel Market
Dabanga
The value of the Sudanese Pound (SDG) against foreign currencies continues to deteriorate rapidly. On Wednesday, the US Dollar exchange rate in the parallel market surged to… Read more »
July 04
Tunisia: Banknote and Coin Manufacturing Expenses Up to Tnd 3.9 Million
Tunis Afrique Presse
Banknote and coin manufacturing expenses totalled TND 3.9 million at the close of the 2023 financial year, compared with TND 22.4 million the previous year. Read more »
Tunisia: Banknotes and Coins in Circulation Up 10.7 Percent in 2023 (Bct Report)
Tunis Afrique Presse
The level of banknotes and coins in circulation has been on the rise for several years, recording an annual increase of 10.7% to TND 20.842 million in 2023, compared with TND… Read more »
July 03
Africa: Kenya Ranked Sixth Crypto-Friendly Country in Africa
Capital FM
Kenya has been ranked the sixth-most crypto-friendly country in Africa, with 5.1 percent of the population holding crypto. Read more »
July 01
Ghana: Cedi Appreciates Marginally On the Back of IMF Board Approval
Accra Times
Cedi makes some gains on the first day of trading after Ghana secured an IMF Board approval for disbursement of the third tranche Read more »
June 30
Nigeria: Naira Abuse and EFCC's Two-Faced Justice
This Day
Many Nigerians were shocked last Tuesday when Justice Kehinde Ogundare of the Federal High Court sitting in Lagos struck out the charge of naira abuse filed against celebrity… Read more »
June 28
Zimbabwe: After Introducing a New Currency, Zimbabwe's Central Bank Projects 5% Annual Inflation By Year-End
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has projected annual inflation to recede to just 5% by year-end on the back of the stable Zimbabwe Gold (ZiG) currency and exchange rate… Read more »
June 27
Zimbabwe: Manufacturers, Tuckshops Alliance Sabotaging Zig [editorial]
The Herald
The advance of the ZiG, which has maintained its value in the almost three months since its launch, is being slowed by the reluctance of some manufacturers to accept it, and the… Read more »
Zimbabwe: Zig Gets International Currency Code, Zwg
The Herald
The World Bank has certified the Zimbabwe Gold (ZiG)'s international currency code (ZWG), giving it a distinct identity among other nations' official currencies, the Reserve Bank… Read more »
June 26
Zimbabwe: RBZ Changes ZiG Currency Code to ZWG As International Standards Organisation Approves Certification
New Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) says the Zimbabwe Gold (ZiG) currency code will be changed to ZWG following approval by the International Standards Organisation (ISO) to… Read more »
Nigeria: Worst of Naira Volatility Over - Cardoso
Daily Trust
Permits IMTOs to sell FX directly on official window Read more »
Zimbabwe: Illegal Money Changers Get Bail After 2 Months
The Herald
Midlands Bureau Chief Read more »
Zimbabwe: Fiu Targets Informal Sector Currency Manipulators
The Herald
The Financial Intelligence Unit (FIU), an arm of the Reserve Bank of Zimbabwe (RBZ), has taken its war to the informal sector, which has been identified as a hot-spot of currency… Read more »
June 25
Nigeria: Naira Abuse - Court Strikes Out Charge Against Cubana Chief Priest, Orders Him to Pay N10m
This Day
Justice Kehinde Ogundare of the Federal High Court in Lagos on Tuesday, struck out a charge against celebrity bartender, Pascal Okechukwu (Cubana Chief Priest), over alleged abuse… Read more »
Nigeria: Naira Down to N1,505/$ in Parallel Market
Vanguard
The Naira yesterday depreciated in the parallel market to N1,505 per dollar from N1,495 per dollar last weekend. Similarly, the Naira depreciated to N1,490.2 per dollar in the… Read more »
Nigeria: Crypto Traders Lose Over $280m
Daily Trust
The cryptocurrency market is experiencing increasing losses following its second-worst weekly decrease in 2024. Read more »
June 21
Zimbabwe: Zimbabweans Skeptical About Country's Latest Currency
Global Press Journal
Zimbabwean gold is tied to the country's reserves, including the precious metal from which it gets its name. The structure aims for stability. Yet the rollout has been anything… Read more »
Ghana: Rising Costs of Locally Produced Food Drive Ghana's Food Inflation
Accra Times
Data from the Ghana Statistical Service shows that locally produced food contribute more to inflation than imported counterpart. Read more »